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Nexstar to Buy Tegna for $3.5 Billion

Nexstar Media Group buying Tegna in deal worth $6.2 billion

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings.

Bloomberg on MSN · 1d

Nexstar to Buy Tegna for $3.5 Billion in Bet on FCC Reforms

Nexstar Media Group Inc. agreed to buy TV station operator Tegna Inc. for $3.5 billion in a deal that stands to dramatically expand Nexstar’s reach and test the Trump administration’s appetite for regulatory reform.

Barron's on MSN · 2d

Nexstar to Buy Tegna in $6.2 Billion Deal. It May Have Beat Out Sinclair.

The announcement Tuesday followed a report from The Wall Street Journal on Monday evening that Sinclair—another local TV competitor—also offered to merge its broadcast business with Tegna. That proposal would value Tegna at roughly $25 to $30 a share, the Journal reported.

TEGNA, Nexstar Media Group

Tyler Morning Telegraph · 37m

Nexstar announces plans to acquire TEGNA, parent company of Tyler-based news station

A Tyler-based news station and its parent company will be acquired in a media merger, according to reports. Nexstar Media Group announced Tuesday that it will acquire TEGNA Inc. in an all-cash transaction valued at $6.

USA Today · 1d

Tegna, Nexstar merger would put 3 Indy news stations under 1 company

Nexstar Media Group, which owns and operates WTTV (CBS 4) and WXIN (FOX 59), announced on Aug. 19 that it had entered into an agreement to acquire TEGNA, the parent company of WTHR (NBC 13). This means three Indianapolis-based television news organizations will be owned and operated by one company.

Arkansas Democrat-Gazette · 1d

Nexstar planning $6.2B merger with rival Tegna

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, bringing together two major players in U.S. television and the country's local news landscape.

1don MSN

Nexstar CEO praises Trump administration as local TV giant announces $6.2 billion merger with rival

The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the ...

Nexstar's Tegna Acquisition May Be Appealing, If FCC Allows It

Today we’re going to be looking at the largest such local TV station owner/operator in the United States, Nexstar Media Group ...

1don MSN

Nexstar-Tegna merger could reshape Cleveland TV landscape, combining WKYC and WJW

Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory ...

Broadcast TV merger could spell layoffs, programming changes for 9News and Fox31

NBC affiliate 9News draws the most viewers to its daily newscasts, followed by KDVR (Fox), KCNC (CBS), KMGH (ABC) and KWGN ...

22h

A $6 bln broadcast tie-up adjusts the M&A picture

TV group Nexstar is buying rival Tegna, touting vast reach and hefty consolidation. The ordinary snag would be that this well ...

Former WTHR employee concerned acquisition between TEGNA and Nexstar may lead to layoffs

A former marketing producer for WTHR shares concerns of potential layoffs due to potential Nexstar Media Group acquisition of TEGNA.

Sportico on MSN1d

Nexstar’s Tegna Buy Creates Larger Player in Local Sports Rights

Nexstar, the largest broadcast affiliate owner in the U.S. and owner of the CW, announced Tuesday it has entered an agreement ...

3don MSN

2 Americans drown at Carnival Cruise’s private resort in the Bahamas

(NEXSTAR) — Two Americans are dead after separate drowning incidents at a multi-million dollar “exclusive” vacation ...

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